A jeweler in Miami named Leonard Sulaymanov has been reported to have sued Floyd Mayweather Jr. And Tyga at least $4 million, accusing them of engaging in RICO activities.
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More Details on Miami Jeweler’s RICO Lawsuit Against Floyd Mayweather and Tyga
According to New Miami TimesLeonard Sulaymanov is suing Mayweather and his company, Money Team, for allegedly violating the “RICO Act.” Sulaymanov is also accusing Mayweather of “fraud, civil conspiracy, breach of contract, unjust enrichment, and civil theft, among other charges.”
The source added that the jeweler filed the lawsuit on Friday, August 23, in federal court in Miami. New Miami Times added that Tyga, whose real name is Michael Ray Nguyen-Stevenson, is also named in the lawsuit for allegedly failing to pay for a Rolex watch.
This is what the jeweler is supposed to be looking for.
According to the source, the lawsuit asserts that “Defendant took advantage of Plaintiff’s reputation, business, and inventory to steal and pass off Plaintiff’s watches and jewelry as its own without paying the full fair price.”
In June 2021, the jeweler allegedly met with Mayweather and sold him an Audemars Piguet watch, two Richard Mille watches, a Patek Philippe watch, a Rolex, a diamond ring, and a diamond necklace. Furthermore, Sulaymanov alleges that he only received $267,000 for these items before Mayweather left Miami. It should be noted that the jeweler allegedly documented the purchase with photos of the jeweler and Mayweather’s cash payment.
Two weeks later, Sulaymanov reportedly traveled to Las Vegas to meet with Mayweather and Tyga. He reportedly brought “ten Rolex Presidential Anniversary watches, a Rolex Day-Date 40, and a Richard Mille” to their meeting.
At the meeting, Tyga reportedly agreed to buy a Rolex Day-Date for $79,000. Mayweather also reportedly made “additional purchases” from the jeweler. However, he reportedly “failed to pay off the balance of his existing account.”
[Mayweather and Tyga were] “lure Plaintiffs into a false sense of security that they would have a long-term business relationship that would benefit everyone involved,” the lawsuit reads. New Miami Times“However, after several days had passed without receiving the transfer, Plaintiff became concerned and began exchanging messages with Defendant through their agent… regarding when payment could be expected.”
According to the source, Sulaymanov is demanding that Mayweather and Tyga pay “over $3,883,657.00” in back pay. AllHipHop The jeweler is also seeking compensation for “humiliation, embarrassment and mental anguish,” it added.
Have Floyd Mayweather and Tyga responded to the allegations?
At this time, Mayweather and Tyga have yet to publicly address the allegations or the lawsuit. Earlier this month, the former professional boxer made headlines after he showed off “one” of his “new toys” on social media.
At the time, Mayweather posted footage of the “Limited Edition” Brabus Mercedez Benz G-Wagon with Tiffany Blue accents.
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